I/S BREDGADE 35 — Credit Rating and Financial Key Figures
Credit rating
Company information
About I/S BREDGADE 35
I/S BREDGADE 35 (CVR number: 27990606) is a company from AALBORG. The company recorded a gross profit of 886.7 kDKK in 2023. The operating profit was -692.7 kDKK, while net earnings were 370 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. I/S BREDGADE 35's liquidity measured by quick ratio was 4.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 769.00 | 1 015.79 | 1 053.94 | 1 081.10 | 886.72 |
EBIT | 544.00 | 1 015.79 | 1 980.94 | -2 218.90 | - 692.67 |
Net earnings | 880.00 | 1 296.82 | 2 783.24 | -1 662.59 | 370.02 |
Shareholders equity total | 14 042.00 | 14 571.62 | 17 335.73 | 15 650.98 | 15 994.22 |
Balance sheet total (assets) | 23 567.00 | 23 335.86 | 25 284.78 | 24 502.16 | 23 383.71 |
Net debt | 7 703.00 | 6 410.96 | 4 634.19 | 3 136.92 | 1 637.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 6.0 % | 11.9 % | -6.1 % | 2.7 % |
ROE | 6.4 % | 9.1 % | 17.4 % | -10.1 % | 2.3 % |
ROI | 4.3 % | 6.0 % | 11.9 % | -6.3 % | 2.9 % |
Economic value added (EVA) | - 524.01 | -36.20 | 967.21 | -3 282.21 | -1 600.65 |
Solvency | |||||
Equity ratio | 59.6 % | 62.4 % | 68.6 % | 63.9 % | 68.4 % |
Gearing | 67.6 % | 59.5 % | 45.2 % | 45.0 % | 39.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.5 | 6.8 | 7.8 | 3.2 | 4.9 |
Current ratio | 7.5 | 6.8 | 7.8 | 3.2 | 4.9 |
Cash and cash equivalents | 1 784.00 | 2 261.14 | 3 205.48 | 3 903.94 | 4 672.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | BBB | A |
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